Question
When Maria Acosta bought a car 2 and a half years ago, she borrowed $11,000 for 48 months at 6.6% compounded monthly. Her monthly payments
When Maria Acosta bought a car 2 and a half
years ago, she borrowed $11,000 for 48 months at 6.6% compounded monthly. Her monthly payments are $261.37, but she'd like to pay off the loan early. How much will she owe just after her payment at the 2 and a half year mark? (Round your answer to the nearest cent.)
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Managerial Accounting An Introduction To Concepts Methods And Uses
Authors: Michael W. Maher, Clyde P. Stickney, Roman L. Weil, Sidney Davidson
7th Edition
0030259630, 978-0030259630
